KAHI - NEWS ... MARKET WIRE via COMTEX) --
Kaire Holdings, Inc. (OTC BB: KAHI) Pharmacy Services Group reports that it has signed 16 new facilities to its Residential Board &Care program during March, April &May. Revenue is expected to increase approximately 23% over the previous quarter combined with a gain in gross profit margins.
Kaire CEO Steven Westlund stated, 'The Pharmacy Services Group Residential Board &Care program is growing at a strong pace. The number of beds served in Southern California has increased approximately 240% in the past three months. We anticipate adding an additional 200 beds in the third quarter, and 250 in the fourth quarter. Our goal is to reach 750 beds within our immediate local market this fall.'
Westlund added, 'The Pharmacy Services Group is responsible for coordinating the development; delivery and marketing of specialized pharmacy care programs and services. Programs will include specialized pharmacy care for residential board and care facilities, development and cross marketing of prescription benefit programs to employers and employees of small medical and health care companies.'
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